While the Upper West Side had 7 fewer contacts signed under $4M than the previous week, the Upper East Side had 5 more contracts signed. These last few weeks of summer will be likely less active simply because of the time of the year, however since there is more clarity around schools, we could be pleasantly surprised. Markets typically improve with varying degrees of certainty. There were 3 contracts signed OVER $4M on the Upper East & West Sides, not unexpected for this time of year. 941 Park-2/3C asking $6.95M, 200 WEA-12G asking $4.495M & 25 CPW-16I asking $4.37M. Keep an eye out for our fall market preview in the first weeks of September as we analyze market conditions & get closer to more accurate pricing w/ late summer – early fall closings.
We are happy to give you more detailed information on this data. Please reach out to Deanna at DEK@corcoran.com